Action Cameras Global Strategic Business Report 2024: Market Set to Surpass US$29.8 Billion Globally by 2030, Driven by Soaring Demand and Technological Advances
Global Market for Action Cameras
Dublin, Jan. 19, 2024 (GLOBE NEWSWIRE) -- The "Action Cameras - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
Global Action Cameras Market to Reach $29.8 Billion by 2030
The global market for Action Cameras estimated at US$5.3 Billion in the year 2022, is projected to reach a revised size of US$29.8 Billion by 2030, growing at a CAGR of 24.1% over the analysis period 2022-2030.
Box Style, one of the segments analyzed in the report, is projected to record 26.4% CAGR and reach US$14.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Cube Style segment is readjusted to a revised 24.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 31.7% CAGR
The Action Cameras market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$8.1 Billion by the year 2030 trailing a CAGR of 31.7% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.3% and 20.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 18.4% CAGR.
Companies Profiled:
Amkov
Braun
Casio
Chilli Technology
Contour
Decathlon
DJI Technology
Drift Innovation
Garmin
GoPro
HTC
iON
JVC Kenwood
Kodak
Nikon
Olympus
Ordro
Panasonic
PLR Ecommerce
Polaroid
RIOCH
Rollei
SJCAM Limited
Sony Corporation
SZ DJI Technology
TomTom
Toshiba
Veho World
XIAOMI
YI Technology
Key Report Highlights
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
Key Attributes:
Report Attribute | Details |
No. of Pages | 78 |
Forecast Period | 2022 - 2030 |
Estimated Market Value (USD) in 2022 | $5.3 Billion |
Forecasted Market Value (USD) by 2030 | $29.8 Billion |
Compound Annual Growth Rate | 24.1% |
Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/46t9fx
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